Dec 11, 2012 7:00am EST
: it was voted down three consecutive times. host: here's an e-mail from bob and florida. making the economic argument against right-to-work state. and then there are people who have an economic argument on the other side of it. if we read a piece earlier in the washington post on what right-to-work states due to the broader economy. -- due to the state's economy? and now this isn't egypt. on the front page of the washington post, amid this turmoil, aid for egypt is on its way. the u.s. and a coalition of international lenders are pushing ahead with billions of dollars of loans and other help for egypt and neighboring states. so, money going to the country despite the violence there. and on the domestic front, the richmond times dispatch, courtesy of the newseum, health care law includes from a surprising $60 coverage free. bob in rapid city, south dakota, republican caller. caller: whee are a right-to- work state. in the past week we had an article in the newspaper that we are 16th in the nation in income. we averaged 44,000. where is the nation averages 41,000. so it's just not true that a
Dec 11, 2012 1:00pm EST
carney. c-span2 will be covering that live. and now bob woodward on his latest book "price of politics." he spoke with "politico's" chief white house correspondent mike allen and failing to chief a compromise. this is part of a "politico" playbook discussion. it's about 25 minutes. [applause] >> good morning. welcome to "playbook breakfast." thank you for coming out so early. we're excited to have an amazing double-header today. we are going to talk to senator rubio who last night gave a big speech, one of the first formal speeches looking ahead to the future of the republican party. we are going to talk to senator rubio about that. first we have the amazing treat of bob woodward who has a fantastic book out on the last grand bargain negotiations, is going to be joining us in just a second. first, welcome, all the people out in livestream land. we'll be taking your questions on #politicobreakfast. tweet us. welcome to c-span and to others. we're appreciative to the bank of america for making these conversations possible. we had a great partnership this year including the conventions an
Dec 11, 2012 5:00pm EST
for small businesses. host: bob. minnesota. independent caller. caller: by an independent. i'm retired, and i am quite old, old enough to see that -- everyone that i know with -- i know has been involved in business. sometimes you are a worker, sometimes a private contractor. anybody that earns money is a business. we hire phone companies, garbage collectors, we have roads repaired. we are all business people. i am not sure why we think certain businesses are more privileged and deserve special favor from washington. -been retired long enough. every year i worked extra jobs and christmas, and in 1998 i worked at a big box store and they paid me $13 an hour. in 2007, they paid me $8 an hour. host: from twitter, how to determine which business leaders to speak to the administration? guest: we will answer bob put the question first. you make the point that a lot of people are in business one way or the other. there is a larger trend in smaller businesses, and people starting businesses from their own home. about 5000 new businesses are generated each year. we've seen through the recession
Dec 10, 2012 8:00pm EST
than we do of linking appropriations. host: let's hear from bob in minnesota, republican caller. caller: there is a topic that nobody wants to talk about. it is the interest rate. the interest paid on our national debt. currently, most of the debt is under short term, under 1%. it is manipulated by the federal reserve and the treasury department. it is going to go from a historic -- $1.50 trillion in interest annually on the national debt. how is that going to impact the military industrial complex in the near future when that actually comes to be? guest: that clearly is a ticking time bomb for any part of the federal government. we are in a period of unusually low interest rates. when they rise, it is going to be a body blow to the national politics and the country. the jump from 1% to 7% is such a massive increase in taxes that the only thing i can think of is greece. host: what does it mean for the pentagon? guest: greece used to be one of the only three non-u.s. countries in nato that was spending 2% of gdp on national security. they are now below that because they cannot afford it.